ServiceNow Inc. Stock Advances 6.5%, Outperforms Peers

Dow Jones04:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of ServiceNow Inc. rallied 6.5% to $145.59 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.1% to 7,747.71 and the Dow Jones Industrial Average rising 1.2% to 53,686.11.

The stock's rise snapped a two-day losing streak.

ServiceNow Inc. closed 25.2% short of its 52-week high of $194.73, which the company reached on September 24th.

The stock outperformed some of its peers, as Salesforce Inc. rose 2.9% to $264.43, Oracle Corp. rose 5.7% to $154.04, and Synopsys Inc. rose 0.08% to $416.31.

Trading volume totaled 17.3 million, compared to the 50-day average of 21.4 million.

Data source: Dow Jones Market Data, FactSet

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